Crypto

  • Strategy adds $18M in Bitcoin on fifth anniversary of BTC strategy
    Cointelegraph.com - 12:05 Aug 11, 2025
    Michael Saylor’s Strategy added another $18 million in Bitcoin last week to mark the fifth anniversary of its BTC buying strategy, bringing its total holdings to 628,946 BTC. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, made its first BTC purchases in August, marking five years since adopting Bitcoin as a treasury asset. Strategy acquired 155 Bitcoin (BTC) for $18 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. Strategy’s new Bitcoin purchases were made at an average price of $116,401 per coin, with BTC starting the week at $114,000 and nearing all-time highs around $122,000 by Sunday, according to CoinGecko. Read more
  • Tether and Rumble bet on AI with $1.17B Northern Data acquisition
    Cointelegraph.com - 11:40 Aug 11, 2025
    Tether and Rumble have offered to acquire all shares of AI infrastructure operator Northern Data in a $1.17 billion deal that would make Tether Rumble’s top shareholder. Tether and Rumble proposed to jointly acquire all Northern Data shares, taking full control of the artificial intelligence infrastructure company. According to a Monday Rumble announcement, the deal would build on Northern Data’s existing AI and high-performance computing (HPC) operations. Tether, the issuer of the USDt (USDT) stablecoin and already Northern Data’s largest shareholder, would support the transaction. Tether has hinted at future collaborations involving AI, peer-to-peer communications and data storage solutions. Tether is the centerpiece connecting every company involved in the potential deal, with the firm investing $775 million in the anti-censorship YouTube alternative Rumble at the end of 2024. The two firms deepened their collaboration in May, when Rumble announced its USDT-supporting Bitcoin (BTC) and stablecoin wallet. R...
  • Warren Warns Crypto Regulation ‘Supercharges President Trump’s Corruption'
    Decrypt - 11:10 Aug 11, 2025
    Senator Elizabeth Warren warned that industry-written bills lack safeguards against corruption, illicit use, and economic risks.
  • Bitcoin’s corporate boom raises ‘Fort Knox’ nationalization concerns
    Cointelegraph.com - 10:50 Aug 11, 2025
    Bitcoin’s corporate adoption is increasingly resembling the “nationalization path” of gold leading up to 1971, presenting a new centralization concern, according to Willy Woo. Corporate crypto treasuries have surged past $100 billion, raising concerns among analysts that the United States may one day nationalize some of these holdings in a move reminiscent of the gold standard era. Corporate crypto treasuries have surpassed $100 billion of digital asset holdings, with Bitcoin (BTC) treasury firms amassing 791,662 BTC worth roughly $95 billion by the end of July, representing around 3.98% of the circulating supply. The growing corporate holdings may present a new centralized point of vulnerability for Bitcoin, which may see the world’s first cryptocurrency follow the same “nationalization path” as gold in 1971, according to crypto analyst Willy Woo. Read more
    Tags: Bitcoin
  • What is a ghost chain? How to spot dead or dormant crypto projects
    Cointelegraph.com - 10:15 Aug 11, 2025
    Ghost chains refer to blockchain projects with little to no real activity, adoption or developer engagement. Ghost chains are blockchains that are technically operational but have little to no real-world usage, development, or community engagement. Common warning signs include stagnant developer activity, low transaction volume, inactive communities, and exchange delistings. Even well-funded or corporate-backed projects like Diem, KodakCoin, and Luna can fail if adoption and ecosystem growth stall. Read more
  • BTC price to fill $117K CME gap? 5 things to know in Bitcoin this week
    Cointelegraph.com - 09:57 Aug 11, 2025
    Bitcoin has a new dip target as the week begins with BTC price action targeting all-time highs. Will bulls end up defending $117,000? Bitcoin (BTC) starts a new week in an exciting place as price action knocks on new all-time highs. Bitcoin surges to $122,000, the latest sign that price discovery is around the corner. Dip discussions focus on the weekend’s CME gap, which offered $117,000 as a retracement target. Read more
    Tags: Bitcoin
  • Ant Group Denies Rumors of Plans For Rare Earth Stablecoins With PBoC
    Decrypt - 09:53 Aug 11, 2025
    The tech giant has rebuffed stories published on Chinese social media linking it to rare earth-backed coins.
  • Ether treasuries climb to $13B as price breaks $4,300
    Cointelegraph.com - 09:42 Aug 11, 2025
    Corporate Ether holdings surged to $13 billion as ETH’s price broke $4,300, with BitMine, SharpLink and The Ether Machine leading the charge. The total Ether held by companies with crypto treasuries has risen to 3.04 million ETH, worth $13 billion, as the cryptocurrency’s price surged past $4,300. On Monday, Ether (ETH) climbed to $4,332, surging by 20.4% in the last seven days, according to CoinGecko. At the time of writing, ETH had dropped slightly and was sitting at $4,290. The ETH rally is fueled by companies increasing their holdings in the last 30 days.  BitMine Immersion Technologies, which tops the list of ETH treasury holders, boosted its holdings to 833,100 ETH, a 410.68% jump in the amount of ETH it holds over the past 30 days. Read more
    Tags: Ether
  • Crypto ETP inflows hit $572M as Bitcoin and Ether rebound
    Cointelegraph.com - 09:28 Aug 11, 2025
    Ether ETPs continued to lead the market last week, attracting the biggest inflows among other crypto assets at almost $270 billion. Cryptocurrency investment products posted gains last week, rebounding after the previous week had ended a record 15-week inflow streak totaling $27.8 billion. Global crypto exchange-traded products (ETPs) saw $572 million of inflows during the trading week ending Friday, the European crypto asset manager CoinShares reported on Monday. The inflows came amid Bitcoin (BTC) and Ether (ETH) prices recovering last week, with ETH reaching a psychological mark of $4,000 for the first time since December 2024. Read more
  • S&P Global assigns ‘B-’ credit rating to Sky, first for DeFi protocol
    Cointelegraph.com - 07:42 Aug 11, 2025
    S&P Global’s credit rating of Sky Protocol reflects key concerns over governance centralization, weak capitalization and regulatory uncertainty. S&P Global Ratings assigned a “B-” issuer credit rating to Sky Protocol, formerly known as Maker Protocol, marking the first time a major agency has issued a rating for a decentralized finance (DeFi) platform. The rating is part of S&P’s ongoing assessment of stablecoin issuers, which began in 2023 to evaluate their ability to maintain a stable value relative to fiat currencies. The review covers the creditworthiness of Sky’s liabilities, the USDS (USDS) and DAI (DAI) stablecoins and the sUSDS and sDAI savings tokens.  Sky Protocol, evaluated for the first time, received a 4, labeled “constrained,” for the ability of USDS to maintain its peg to the US dollar. The scale runs from 1 for very strong to 5 for weak. Read more
  • ASX-Listed DigitalX Denies Policy Breach in Director Trades Probe
    Decrypt - 07:19 Aug 11, 2025
    The ASX-listed crypto investment manager has defended its director's share trades while outlining plans to quadruple its Bitcoin holdings.
  • LayerZero, Stargate tokens jump on $110M acquisition plan
    Cointelegraph.com - 06:16 Aug 11, 2025
    LayerZero pitched a $110 million all-token deal to buy Stargate, but not everyone from the crypto protocol’s community is happy with the proposal. The LayerZero Foundation, which backs the cross-blockchain messaging protocol LayerZero, proposed acquiring the crypto protocol Stargate for $110 million, which has boosted the tokens tied to both projects. LayerZero laid out the plan in a post to Stargate’s forum on Sunday, pitching the offer as “designed to accelerate both Stargate and LayerZero, giving Stargate the resources to ship on an aggressive roadmap that expands its prerogative outside of bridging.” LayerZero would swap the platform’s token, Stargate Finance (STG), for its self-titled token LayerZero (ZRO) at a rate of 1 STG to 0.08634 ZRO, it said. Read more
  • Crypto Treasury Firm Begins Deploying $500M War Chest to Buy BNB
    Decrypt - 06:05 Aug 11, 2025
    The buy is “bullish in the short-term” but signals “top-down consolidation” that could erode crypto’s decentralization, Decrypt was told.
  • Bitcoin Price Closes in on All-Time High as Traders Await Key Inflation Data
    Decrypt - 03:27 Aug 11, 2025
    Speculative positioning and macro tailwinds are driving Bitcoin's momentum ahead of Tuesday’s inflation print. But how far can it run?
  • Bo Hines to Leave White House Crypto Post, Eyes Turn to Successor
    Decrypt - 02:43 Aug 11, 2025
    As the Trump administration sharpens its crypto stance, Hines' successor will need to align both on policy and politics, Decrypt was told.
  • Asia Morning Briefing: Tokenized Assets Will Eclipse DeFi, Chronicle Founder Niklas Kunkel Says
    CoinDesk - 00:52 Aug 11, 2025
    In an interview with CoinDesk, Kunkel outlines how oracles are moving beyond price feeds to power real-time risk management for the next wave of onchain credit.
  • Ethereum Price Highest Since 2021 Amid Softer Dollar and US Policy Clarity
    Decrypt - 00:31 Aug 11, 2025
    Ethereum is riding on a softer dollar and rate-cut bets, with U.S. policy clarity, and steady ETF demand tightening exchange supply.
  • Flare Launches Luminite Wallet, Expands Reach Into DeFi
    CryptoPotato - 23:45 Aug 10, 2025
    The Layer-1 blockchain can still be considered a newcomer to the crypto universe, and it continues to consistently expand.
  • Trump-Appointed Crypto Council Head to Step Down
    CryptoPotato - 22:15 Aug 10, 2025
    Bo Hines will continue assisting AI and Crypto Czar David Sacks on AI initiatives, despite stepping down from the council.
  • At least 1 Bitcoiner gets kidnapped every week — Crypto exec
    Cointelegraph.com - 22:09 Aug 10, 2025
    Alena Vranova said that personal safety measures should not be ignored by Bitcoin and crypto investors with modest holdings. Alena Vranova, founder of SatoshiLabs, warned of the increase in wrench attacks, physical assaults and abductions carried out against Bitcoin (BTC) and crypto holders in an attempt to steal their private keys. “Every week, there is a Bitcoiner, at least one in the world, who gets kidnapped, tortured, extorted, and sometimes even worse,” Vranova told the audience at the Baltic Honeybadger 2025 conference in Riga, Latvia. She warned that even small crypto investors can be on the radar of violent criminals looking for a target. She added: Read more